Greed's double-edged sword It's a funny thing, rising housing costs. For years, my husband and I cursed Eagle County's insane home appreciation rates because, quite frankly, insane home appreciation rates were keeping us
Merrill 3Q loss widens on mortgage-related charges (Washington Post) NEW YORK -- Investment bank Merrill Lynch & Co. said Thursday its third-quarter loss widened as it took more than $12 billion in charges and write-downs tied to the sale
Lehman Brothers profit jumps on revenues Lehman Brothers Holdings Inc. reported a 77 percent jump in third quarter profits Wednesday, handily surpassing Wall Street's forecasts due to record revenues in its investment banking and investment management
December housing starts up 4.5 pct The pace of U.S. home construction climbed 4.5 percent in December, a second-straight monthly increase that ran contrary to analyst expectations, but for all of 2006 the rate of new
Interior design firm finds its own niche Tucked in a quiet plaza off Plum Lane sits a demure beige building that belies the creativity within.read more...
Home builders want Congress to enact $15,000 home-buying tax credit U.S. home builders, buffeted by at least $19 billion in losses since 2006, plan to ask Congress to help stop the bleeding.read more...
You have to wonder what’s going on when mortgage foreclosure rates are skyrocketing nationwide: up 42 percent in 2006, compared to 2005, leaving up to two million families in danger of losing their homes. It’s probably not a shock to learn the mortgage lending industry has been spending money frantically in Washington, and has successfully blocked Congress for the last seven years from taking …
read more…
This entry was posted
on Wednesday, May 16th, 2007 at 4:18 am and is filed under Mortgages.
You can follow any responses to this entry through the comments RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Reply